Keros Therapeutics (KROS) EBITDA (2019 - 2025)

Keros Therapeutics (KROS) reported EBITDA of -$29.3 million for Q4 2025, up 45.04% on a YoY basis from -$20.2 million in Q4 2024, and down 90.26% quarter-over-quarter from -$15.4 million in Q3 2025.

Keros Therapeutics (KROS) EBITDA (2019 - 2025) Analysis & Trends

Keros Therapeutics has reported EBITDA for 7 years, with the latest figure at -$29.3 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA rose 45.04% year-over-year to -$29.3 million; the trailing twelve-month figure through Dec 2025 stood at $67.6 million (up 132.05% YoY), and the FY2025 full-year result was $67.6 million, up 132.05% from the prior year.
  • EBITDA for Q4 2025 stood at -$29.3 million, down from -$15.4 million in the prior quarter.
  • The five-year high for EBITDA was $152.0 million in Q1 2025, with the low at -$58.7 million in Q3 2024.
  • Historically, EBITDA has averaged -$24.2 million across 5 years, with a median of -$31.3 million in 2022.
  • Annual changes were most pronounced in 2022 — EBITDA sank 556.8% — and 2025, when it surged 413.59%.
  • Keros Therapeutics' EBITDA stood at -$4.9 million in 2021, then slumped by 556.8% to -$32.0 million in 2022, then slumped by 45.35% to -$46.5 million in 2023, then retreated by 14.64% to -$53.3 million in 2024, then soared by 45.04% to -$29.3 million in 2025.
  • The last three EBITDA figures came in at -$29.3 million (Q4 2025), -$15.4 million (Q3 2025), and -$39.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -26.92 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -13.63 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -14.44 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -752,618.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Keros Therapeutics 399.01 Mn 111.61 Mn - -29.27 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -29.27 Mn
Sep 30, 2025 -15.38 Mn
Jun 30, 2025 -39.82 Mn
Mar 31, 2025 152.04 Mn
Dec 31, 2024 -53.25 Mn
Sep 30, 2024 -58.66 Mn
Jun 30, 2024 -50.44 Mn
Mar 31, 2024 -48.48 Mn
Dec 31, 2023 -46.46 Mn
Sep 30, 2023 -43.28 Mn
Jun 30, 2023 -41.34 Mn
Mar 31, 2023 -38.87 Mn
Dec 31, 2022 -31.96 Mn
Sep 30, 2022 -27.98 Mn
Jun 30, 2022 -30.73 Mn
Mar 31, 2022 -24.13 Mn
Dec 31, 2021 -4.87 Mn
Sep 30, 2021 -20.20 Mn
Jun 30, 2021 -15.54 Mn
Mar 31, 2021 -15.77 Mn